Just recently I was on a call with a venture builder from the UK.

Their job is simple - take a company and scale it.

That's it.

I love when business ideas are simple and even the explanation is simple.

My goal on that call was to establish a partnership with them.

Just to take care of the legal side of things.

But "sadly", they already knew the importance of having a strong legal team on their side.

The Main Question

I like to learn from people. A lot. 

So I asked the founder if he knows why most businesses fail.

And he gave me a reason.

No. It's not because the idea is bad.

But the main reason why businesses fail is because of the people behind it.

Most founders get into a dispute later down the line.

Everything is fine when a business is not generating revenue.

But when you start hitting some good figures..? $100K and above? 

That's when people get greedy.

What Can You Do?

I don't like fixing things. 

I like to make sure we don't get to a place where things need to be fixed.

So the simple "fix" is to have something in place.

A document which covers:

1) Roles of each party

2) Equity distribution 

3) Decision-making authority

4) Vesting Schedule - so that each founder only gets equity after some commitment 

5) Exit strategy - which covers restrictions on selling shares, and procedures for transferring ownership.

6) Business Confidentiality

These 6 important points that a lot of business owners skip.

(btw I wrote the word fix so many times earlier...)

How I Can Help You

I have established documents in place for business owners COUNTLESS TIMES.

You can come to me with any problem, worry, or annoyance.

I am sure in 9 out of 10 times, a Co-Founders agreement will solve it.

Don't believe me?

Let's have a chat then - 15 minutes and we get over it:

https://calendly.com/mtlegalteam/discovery-call-with-mtlegal-team

See ya soon.

-- Akhil Mishra